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Metaculus

Definition

A reputation-based forecasting platform where users make probabilistic predictions on science, policy, and geopolitical questions.

Understanding Metaculus

Metaculus is a forecasting platform founded in 2015 that aggregates user predictions to generate community probability estimates on a wide range of questions, from scientific milestones to geopolitical events to AI capabilities. Unlike financial prediction markets, Metaculus is non-monetary — participants earn reputation points and forecasting scores rather than cash, though this has not diminished the quality of its predictions.

Metaculus questions tend to be longer-horizon and more nuanced than financial prediction markets. Where Polymarket might focus on "Will X candidate win the next election?", Metaculus hosts questions like "Will GPT-5 score above 90th percentile on the bar exam by 2025?" or "When will nuclear fusion produce net energy commercially?" The platform has published impressive track records in domains like COVID-19 modeling and AI development timelines.

The platform uses a Bayesian aggregation algorithm to weight forecasters' contributions by their historical accuracy, meaning the community prediction is not a simple average but a skill-weighted consensus. This approach has shown strong calibration in retrospective analyses and has earned Metaculus citations in academic research on forecasting methodology.

Related Terms

Forecasting

The practice of making probabilistic predictions about future events, often formalized through scoring rules.

Prediction Market

A market where participants trade contracts based on the outcomes of future events.

Implied Probability

The probability of an outcome as expressed by the current market price of a prediction contract.

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